HCMC – Century Artificial Fiber Company (STK) has introduced its affiliated firm, Unitex Company, has secured a syndicated mortgage of US$52.5 million, equal to VND1,233 billion.

The lenders comprised CTBC Financial institution, Kasikorn Financial institution, Shanghai Business and Financial savings Financial institution, Entie Business Financial institution and E.SUN Business Financial institution

The mortgage has a time period of 57 months and is deliberate to be disbursed between 2023 and 2024.

It’s anticipated to allow STK to increase output capability with the primary part of its new manufacturing facility funding undertaking.

The Unitex manufacturing facility has a designed output of 60,000 tons of merchandise a yr, with 34,000 tons within the first part and 24,000 tons within the second part.

The manufacturing facility is slated to be in service within the first quarter of 2024.

Closing the buying and selling session in the present day, STK gained 1.32% over the earlier session to VND26,800 and reported an identical quantity of 109,800 shares.

With 135 advancers and 256 decliners, the VN-Index of the Hochiminh Inventory Change ended its profitable streak because it closed 2.95 factors decrease than yesterday’s buying and selling session, at 1,053.

There have been almost 508.6 million shares valued at VND8,745 billion altering arms on the HCMC bourse in the present day, down round 16.5% in quantity and 18.5% in worth in opposition to the earlier session. Over 51.8 million shares transacted in put-through offers contributed almost VND842.5 billion to the quantity.

Metal inventory HSG took the lead by liquidity in the present day, with over 25.2 million shares traded.

On the Hanoi bourse, the HNX-Index slid 1.17 factors, or 0.56%, versus the session earlier, at 207.86, regardless of winners outnumbering losers by 59 to 11.

Round 65.6 million shares price almost VND976.6 billion had been traded on the Hanoi Inventory Change.


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